Blog

NIIT Tech zooms 8.1%; Introducess insurance software ‘Navigator

Insurance Comparison

NIIT Technologies zoomed 8.1% to Rs. 453.50 on the BSE. The firm declared the successful execution of its next generation policy and claims administration display place-Navigator at Sompo Japan Canopius Reinsurance AG (SCRe), Sompo Canopius’ reinsurance subsidiary.

The scrip opened at Rs. 423 and has reached a high and low of Rs. 457.5 and Rs. 422.1 correspondingly. So far 306354(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2565.86 crore.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 632 on 18-Nov- 2015 and a 52 week low of Rs. 335 on 26-Mar-2015.In the last week, high and low of the scrip.

stood at Rs. 497.2 and Rs. 409 respectively. The promoters holding in the company stood at 30.83 % while Institutions and Non-Institutions held 57.24 % and 11.93 % respectively.

You May LIke

Irdai May Make Electronic Insurance Mandatory The insurance regulatory authority of India has come out with a new plan to make it compulsory for insurance companies to have electronic plans if the policyholder exceeds a particular threshold for life, health and general products as well. As per the draft proposal, electronic insurance will be c...
National Health Protection Scheme presented in Union Budget 2018 With the entire country's eyes now glued on our Finance Minister Mr. Arun Jaitley presenting Union Budget 2018. Here are the important highlights circling around the Insurance Industry based on National Health Protection Scheme: The National Health Policy 2017 has seen health and wellness centers a...
Coming Soon: New Crop Insurance In a move  that could offer some succour to farmers reeling under consecutive droughts, the Central Government will launch a  new crop insurance scheme from April this year. Farmers who register in the new insurance scheme will have to pay Rs.450 per acre and the maximum sum assured is Rs.15,000 per...
Star Health Insurance Company: Reports Rs 2,000 Cr Premium In 2015-16 On Friday, Star Health and Allied Insurance registered a growth in premium by 36 percent that is around Rs 2,000 crore during 2015-16. The country's first individual health insurance company had clocked Rs 1,470 crore worth of premium in 2014-2015. "Star Health Insurance has crossed Gross Written P...
IndiaFirst Life Insurance launches Guaranteed Retirement Plan IndiaFirst Life Insurance, a well-known general insurance company has announced the launch of IndiaFirst Guaranteed Retirement Plan-a non-linked, participating, endowment, deferred pension plan. The plan guarantees return of 9% on total premiums paid during the early years, and the advantage of par...